Waste Management, Inc. filings document the regulatory record for an NYSE-listed environmental services company with common stock trading under WM. The company’s Form 8-K reports cover operating results, financial condition, non-GAAP reconciliations, material agreements, credit-agreement covenant calculations, executive compensation arrangements and employee-benefit plan notices.
Proxy materials disclose annual meeting proposals, board elections, auditor ratification, advisory executive-compensation votes and employee stock purchase plan share authorization matters. The filing record also documents governance practices, capital-structure terms, shareholder voting mechanics, debt and liquidity arrangements, and the formal exhibits associated with WM’s quarterly and annual earnings communications.
Gates Foundation Trust and William H. Gates III filed Amendment No. 10 to Schedule 13G reporting beneficial ownership of Waste Management, Inc. common stock. They report 28,934,344 shares, representing 7.2% of the class.
The filing shows shared voting power and shared dispositive power over 28,934,344 shares, with no sole voting or dispositive power. The percentage is based on 402,867,051 shares outstanding as of October 24, 2025, as reported by the company. The filers certify the securities were not acquired and are not held to change or influence control.
The trust’s name changed to Gates Foundation Trust effective January 6, 2025. The amendment notes that Melinda French Gates is no longer a reporting person, and Cascade Investment, L.L.C. had been removed in a prior amendment.
Waste Management (WM) reported an insider transaction by a director. On 11/03/2025, the reporting person purchased 2,000 shares of common stock at $196.4201 per share, coded “P.” The shares are held indirectly through ASM Assets, LP.
Following the trade, indirect beneficial ownership stood at 7,314 shares. The filing was submitted by one reporting person in the capacity of Director.
Waste Management (WM) reported a Form 4 showing its EVP & CFO received 2,628 restricted stock units on 11/03/2025 under the 2023 Stock Incentive Plan at a stated price of $0.0000 per unit.
The RSUs vest 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. Following the reported transaction, the officer beneficially owned 7,839.6057 shares of common stock, held directly. The filing was signed by attorney-in-fact Courtney Tippy on 11/04/2025.
Waste Management (WM) reported an amended Section 16 filing by its EVP & CFO correcting option terms. The amendment revises the stock option’s expiration to 03/01/2032 and includes a revised Power of Attorney.
The filing lists a stock option for 1,702 shares of common stock at an exercise price of $145.67, first exercisable on 03/01/2023. The grant vests 34% on the first anniversary of the grant date, with 33% vesting on each of the second and third anniversaries. The event date is 11/01/2025 and ownership is reported as direct.
Waste Management (WM) reported an insider ownership update. The company’s EVP & CFO filed a Form 3 initial statement effective 11/01/2025, showing direct beneficial ownership of 5,211.6057 shares of common stock.
The officer also holds stock options for 1,702, 2,285, and 1,860 shares with exercise prices of $145.67, $150.115, and $204.7585, respectively. Options were granted under the 2014 and 2023 Stock Incentive Plans and vest 34% on the first anniversary of grant and 33% on the second and third anniversaries.
Waste Management, Inc. reported Q3 results showing higher sales but lower profit. Operating revenues rose to $6,443 million from $5,609 million a year ago, while income from operations declined to $989 million from $1,119 million. Net income was $603 million versus $760 million, and diluted EPS was $1.49 compared to $1.88.
Year-to-date, revenue reached $18,891 million (from $16,170 million), with net income of $1,966 million (from $2,148 million). Cash from operations was strong at $4,345 million, funding $2,339 million of capital expenditures and $1,001 million in dividends. The effective tax rate declined to 22.2% in Q3, reflecting federal tax credits, including those tied to renewable natural gas investments. Long-term debt stood at $22,482 million (less current portion), with $2.4 billion of unused capacity under the $3.5 billion revolving credit facility. Shares outstanding were 402.9 million at quarter end, and 402,867,051 were outstanding as of October 24, 2025.
Segment results included Collection & Disposal as the largest contributor, Recycling Processing and Sales at $372 million of net revenue, WM Renewable Energy at $115 million, and the newer WM Healthcare Solutions at $628 million. Landfill and environmental remediation liabilities totaled $3,350 million.
Waste Management, Inc. furnished a press release announcing its third-quarter 2025 financial results as Exhibit 99.1 to a Form 8-K. The company will host an audio webcast to discuss the results at 10:00 a.m. Eastern Time on October 28, 2025.
Listeners can access the live webcast and replay at investors.wm.com under “Events & Presentations.” Management expects to discuss certain non-GAAP financial measures, and reconciliations to comparable GAAP metrics are included in the press release’s notes and tables.
Waste Management, Inc. (WM) filed a Form 144 disclosing a proposed sale of 100 shares of common stock through Merrill Lynch with an approximate aggregate market value of $22,519.50. The securities were acquired on 09/03/2025 by vesting of a restricted stock unit award granted under the issuer's equity compensation plan and the intended sale date is 09/04/2025. The filing reports 402,830,315 shares outstanding for the class and indicates no other sales by the reporting person in the past three months. The filer attests there is no undisclosed material adverse information.
Kimberly G. Stith, Senior Vice President and Chief HR Officer of Waste Management, Inc. (WM), reported two transactions. On 09/03/2025 she had 255 shares disposed of via code F at a price of $224.6025 following settlement of a restricted share award under the company’s 2023 Stock Incentive Plan, leaving 4,189.4609 shares beneficially owned. On 09/04/2025 she sold 100 shares at $225.195 under a Rule 10b5-1 trading plan to cover personal federal income tax, reducing beneficial ownership to 4,089.4609 shares. The Form 4 was signed by attorney-in-fact Courtney Tippy on 09/04/2025.
Waste Management, Inc. (WM) reporting person Tara J. Hemmer, SVP & Chief Sustainability Officer, acquired 9,130 restricted stock units (RSUs) on 09/02/2025 under the 2023 Stock Incentive Plan. Following the grant, the filing reports beneficial ownership of 77,815.5789 shares. The RSUs vest 50% on the second anniversary of the grant date and 50% on the third anniversary. The Form 4 was signed by an attorney-in-fact, Courtney Tippy, on 09/04/2025. The filing indicates this is a single reporting person filing and the transaction code is A reflecting an acquisition.